A spokesman for the Swiss company said the company will cite an 1851 law that says the owner of a sunken vessel is liable only for its value after the accident.

The liability limit would cap the amount that Transocean would be forced to pay if it loses any of the numerous lawsuits related to the Deepwater Horizon explosion. The company also may be able to delay other proceedings for years while a judge determines the size of Transocean's liability, said Keith Hall, a New Orleans lawyer who represents oil and gas companies.

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Wasn't Cali-G just telling everyone how these corporations have already admitted fault and were more than happy to pay for the damages in a separate thread???

It would be downright unAmerican to force BP to to pay to clean up their own mess.

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No one is having to 'force' BP to clean up. They have already stated - in fact they said well before Obama said he would 'force' them - that they would pay whatever clean up costs were necessary.... AND they would pay legitimate claims for compensation. I fail to see what more they are expected to do. Other than stop the leak and it does appear that they are trying to do that.

A spokesman for the Swiss company said the company will cite an 1851 law that says the owner of a sunken vessel is liable only for its value after the accident.

The liability limit would cap the amount that Transocean would be forced to pay if it loses any of the numerous lawsuits related to the Deepwater Horizon explosion. The company also may be able to delay other proceedings for years while a judge determines the size of Transocean's liability, said Keith Hall, a New Orleans lawyer who represents oil and gas companies.

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Wasn't Cali-G just telling everyone how these corporations have already admitted fault and were more than happy to pay for the damages in a separate thread???

Holy shit, you people are fucking pathetic. By "you people" I mean specifically VaYank, truthmatters and Spiderman tuba.

Each of you is a brainless fucking moron.... critical thinking is so far above your IQ that it is embarrassing to watch.

Firstly, the OP totally misrepresents what I said... and has to backtrack in his second post.

All of you assume that I am defending BP - which I am not. I am simply correcting errors - like idiots screaming that they are responsible when that has not been proven. I have not once said they are not liable.

Truthmatters seems to equate wanting evidence of who is responsible for what with being 'anti-American'. This is according to someone who supports communism by thinking that the US Government can seize the assets of a foreign owned business and sell them off. Better yet, she still thinks I'm a Republican.... because in her tiny little brain.... if you ain't a democrat, you have to be a republican.

And Spidey... well, bless his heart, he's such a fucking moron that I'm not even gonna start to list his moronic statements.

Holy shit, you people are fucking pathetic. By "you people" I mean specifically VaYank, truthmatters and Spiderman tuba.

Each of you is a brainless fucking moron.... critical thinking is so far above your IQ that it is embarrassing to watch.

Firstly, the OP totally misrepresents what I said... and has to backtrack in his second post.

All of you assume that I am defending BP - which I am not. I am simply correcting errors - like idiots screaming that they are responsible when that has not been proven. I have not once said they are not liable.

Truthmatters seems to equate wanting evidence of who is responsible for what with being 'anti-American'. This is according to someone who supports communism by thinking that the US Government can seize the assets of a foreign owned business and sell them off. Better yet, she still thinks I'm a Republican.... because in her tiny little brain.... if you ain't a democrat, you have to be a republican.

And Spidey... well, bless his heart, he's such a fucking moron that I'm not even gonna start to list his moronic statements.

Three fucking losers.

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Thanks for the rant, Cali....but I had already copied and pasted everything we needed from you today...

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